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<Research>Haitong Int'l: KUAISHOU-W (01024.HK) Raises Capital Expenditure to Capture AI Opportunities; Rating Outperform
Recommend 9 Positive 19 Negative 5 |
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KUAISHOU-W (01024.HK)'s 2025 total revenue hiked 12% YoY to RMB39.6 billion, beating expectation by 1.8%, Haitong International released a research report saying. Non-GAAP net profit rose 16% YoY to RMB5.5 billion, 2% ahead of forecast. To seize more opportunities brought by AI, the Company increased its capital expenditure budget. However, management stated that the Group will maintain positive free cash flow throughout the year. Therefore, the broker kept its target price at $74 for KUAISHOU-W, with rating at Outperform. AASTOCKS Financial News Website: www.aastocks.com |
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